USA

STABLE Act: USD stablecoins get their day in court

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The STABLE Act, designed to regulate USD-pegged stablecoins like Tether (USDT) and Circle (USDC) in the United States, has advanced after a 32-17 vote in the House Financial Services Committee. The legislation aims to establish a clear regulatory framework for stablecoin payments, balancing technological innovation with strong consumer safeguards. Congressman Dan Meuser emphasized that the … Read more

Trump slaps tariffs on world, markets shudder

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President Trump unveiled new global tariffs Wednesday, imposing a 10% levy on almost all imports and higher rates on roughly 60 countries with significant trade deficits with the U.S. China faces a 34% reciprocal tariff, the European Union 20%, Vietnam 46%, and Taiwan 32%. Trump stated that foreign nations would “pay for the privilege of … Read more